Economy
£5 Coffee: A Microcosm of Global Economic Turmoil
The rising cost of coffee, now hitting £5 in some city centres, reveals a complex interplay of climate shocks, trade tariffs, and...
#Inflation 186 articles
Economy
Taiwan Bond Yields Climb on Cash Squeeze, AI Stock Boom
Taiwan's bond yields are rising as a cash squeeze, driven by tax payments and AI-fueled brokerage loan demand, combines with inflation fears...
Finance
BOJ Readies Rate Hike to 1995 High; Ueda Absent from Meeting
The Bank of Japan is expected to raise its benchmark rate to 1%—the highest since 1995—at a historic meeting without Governor Kazuo...
Stocks
Oil Executives Alert Trump to Worsening Gasoline Prices
Oil and gas executives have warned the Trump administration that gasoline prices could climb significantly in coming months due to critically low...
World Business
ECB Hikes Rates as Iran War Ignites Global Inflation Wave
The Iran war continues to push up global prices and dent growth, prompting the ECB's first rate hike in nearly three years...
Stocks
AI Ignites Market Records, Canadian Wealth Climbs, Inflation Debate Heats Up
North American markets hit record highs driven by AI, Canadian household wealth surpasses $18.6 trillion, while retail spaces struggle and inflation rhetoric...
Economy
Argentina’s Inflation Hits 8-Month Low, Milei Hails Economic Progress
Argentina's monthly inflation slowed to 2.1% in May, an 8-month low, providing a significant boost for President Javier Milei's economic agenda. This...
Economy
Gas Price Drop Lifts Consumer Sentiment 9% From Record Low
Consumer sentiment saw a 9% improvement in June, according to preliminary University of Michigan data, driven by easing gas prices after hitting...
Finance
US Mortgage Rate Hits 6.52%, Nears Year High Amid Geopolitical Tensions
The average long-term U.S. mortgage rate rose to 6.52% this week, just shy of its year high, driven by elevated bond yields...